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LATEST NEWS

Bloom Properties begin main construction work on Abu Dhabi's Soho Square

29/05/2017
Taking shape in the University neighborhood of Saadiyat in Abu Dhabi, Soho Square is the second mixed-use development by Bloom Properties on Saadiyat and encompasses world-class residential, retail and commercial spaces located in proximity to the New York University Abu Dhabi campus and major upcoming tourist attractions.

Azizi Developments awards Dh118 mn contract for Aura

29/05/2017
The 17-floor structure will be home to 479 residential units. The apartments will come in various sizes with 349 studios, 87 one-bedroom flats and 43 two-bedroom units.

RAK Properties to award Dh1.5 bn contracts in 2017

29/05/2017
These include the main construction contracts of two hotels – the 305-room Anantara Resort and Spa and the 350-room Intercontinental Mina Al Arab hotel ¬– both of whom are at the piling and shoring stage.

Bloom Properties awards five contracts worth over Dh1 bn

29/05/2017
Among the awarded projects are Stella Maris, is a luxury waterfront development in Dubai Marina that will comprise 313 high-end residences ranging from one- to three-bedroom units, as well as four-bedroom duplex apartments and penthouses.

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Majid Al Futtaim starts construction of Dh2.6bn shopping mall in Sharjah
Majid Al Futtaim, the region’s leading property and shopping mall developer, broke ground on the US$708 million (Dh2.6 billion) shopping mall City Centre Al Zahia in Sharjah. It will be the company’s largest mall within the UAE’s third-largest emirate – Sharjah. Once complete in 2020, City Centre Al Zahia will be a valuable addition to the developer’s growing City Centre brand portfolio. Read More...
Nakheel reports Q1 2017 net profit of Dh1.48 billion
Dubai property developer Nakheel reported a net profit of Dh1.48 billion for the first quarter of 2017 – a time when it handed over 412 land and built form units to customers, with its retail, hospitality and residential leasing businesses continuing to perform solidly. Read More...
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